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ComBank ranked Most Respected Bank in Sri Lanka for 20th successive year

Published in Money
Saturday, 17 August 2024 06:35
Businesscafe - The Commercial Bank of Ceylon has completed two decades as LMD’s Most Respected Bank in Sri Lanka, with the announcement of the magazine’s ‘Most Respected Entities in Sri Lanka’ rankings for 2024. ...
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Resilient ComBank maintains growth impetus in Q2 despite external pressures

Published in Money
Wednesday, 14 August 2024 12:54
  Businesscafe - Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon Group to achieve commendable growth in the first half of 2024, despite a reduced topline. ...
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Euromoney declares ComBank ‘Sri Lanka’s Best Bank for ESG’

Published in Money
Friday, 02 August 2024 13:38
Businesscafe - The Commercial Bank of Ceylon has been proclaimed ‘Sri Lanka’s Best Bank for ESG’ at the 2024 edition of the Euromoney Awards for Excellence, generating international recognition for the Bank’s commitment to Environmental, Social and Governance (ESG) frameworks. ...
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ComBank’s Green Bond framework receives milestone SPO from Sustainable Fitch

Published in Money
Wednesday, 31 July 2024 13:01
Businesscafe - The Commercial Bank of Ceylon has received a globally – recognised Second-Party Opinion (SPO) for the Bank’s Sustainable Bond Framework from Sustainable Fitch, the Fitch Solutions company that provides Environmental, Social and Governance (ESG) related ratings. ...
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ComBank Bangladesh operations receive ‘AAA’ credit rating for 14th successive year

Published in Money
Wednesday, 31 July 2024 09:49
Businesscafe - Commercial Bank Bangladesh, the Bangladesh operation of Commercial Bank of Ceylon PLC, has received a ‘AAA’ (Triple A) Long Term credit rating from Credit Rating Information and Services Ltd (CRISL) for 2024, the 14th consecutive year it has received the highest credit rating given to a financial institution in Bangladesh. ...
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ComBank’s Debenture Issue, largest ever debenture by a private bank oversubscribed on opening day

Published in Money
Tuesday, 02 July 2024 16:01
Businesscafe - The Commercial Bank of Ceylon’s and Sri Lanka’s largest ever debenture issue by a private bank closed after oversubscription on its opening day, Tuesday 2nd July 2024, raising Rs 20 billion for Sri Lanka’s biggest private sector bank, and demonstrating investor confidence in the institution. ...
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ComBank biggest lender to Sri Lanka’s SMEs for 4th consecutive year

Published in Money
Saturday, 29 June 2024 00:50
Businesscafe - The Commercial Bank of Ceylon was the biggest lender to Sri Lanka’s small and medium enterprises (SME) sector by a huge margin in 2023, accounting for nearly a third of the value of the loans disbursed by a total of 17 state and private sector lending institutions, the Ministry of Finance has confirmed. ...
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ComBank wins two Golds at IDB’s Green Industry Awards 2024

Published in Money
Friday, 28 June 2024 06:05
  Businesscafe - The Commercial Bank of Ceylon won triple honours including two Golds at the Green Industry Awards 2024 presented by the Industrial Development Board (IDB) to recognize success stories in sustainability. ...
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In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country’s commitments towards

Published in Development
Saturday, 18 May 2024 03:01
Businesscafe - In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country’s commitments towards a low-carbon economy. ...
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ComBank begins 2024 with impressive growth

Published in Money
Tuesday, 14 May 2024 12:48
Businesscafe - The Commercial Bank of Ceylon Group has ended the first quarter of 2024 with a loan book of Rs 1.316 trillion, continuing the Bank’s focus on lending in a period where the appreciation of the Rupee negatively impacted the value of the loan book and resulted in a contraction of the balance sheet. ...
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